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Leonardo da Vinci between yesterday, today and tomorrow!

Economy and stock exchange

This month marks the 500th anniversary of one deathh One of the greatest creators in the world, Leonardo da Vinci. But did you know that Da Vinci drew some of his inspiration from the ancient Egyptians?

As an inventor, it is not surprising that Da Vinci was inspired by some of his ideas from the builders of the pyramids and wondered how they were built, which led him to draw the method of construction as described by Herodotus, "the father of history" quoting the ancient Egyptians.

After 500 years, Da Vinci's innovations are now as important as they were at the time. When visiting different educational institutions and talking to those interested in developing the labor market, I would say that Egypt needs to be better prepared for the pace of rapid technological progress in robotics, artificial intelligence and other new technologies that herald the start of the Fourth Industrial Revolution. The World Economic Forum predicts that by 2022, 133 million new jobs will be created in new sectors divided between algorithms, humans and machines. However, I am not convinced that the technological skills that enabled our ancestors to build pyramids will automatically help us keep up with the digital transformation in the world right now.

During my work, I often speak to graduates of Egyptian schools, trainees and young graduates. While many are optimistic about the future, some are sometimes frustrated to invest their time and money in a particular course of education that they may eventually fail – and in some cases find that the labor market does not need or want the skills they have learned.

Our region, the Middle East and North Africa region, has one of the highest unemployment rates among young people in the world (25%), which costs the region between $ 40 and $ 50 billion annually. It is clear to me that this problem stems, in part, from the lack of any skills consensus that results mainly from the lack of cooperation or involvement of educational institutions and the labor market in information, leaving applicants to the labor market unqualified or, in other words, No longer required. Because of this particular imbalance, Egypt ranked 146 out of 148 countries in terms of labor market efficiency in 2013-2014.

Even the Egyptian textile sector, which employs more than one million Egyptians at least, with a 35% share of the world market with the highest quality of premium cotton and the ninth largest producer of certified organic cotton in the world – is not immune to this challenge.

One of the biggest problems of the sector lies in the maintenance and acquisition of machinery and spare parts. There is an increase in taxes on imported products such as machinery and spare parts that are unmatched in the domestic market and the lack of adequate investment to repair machinery when it is disrupted. Without the transparency of the labor market and the cooperation of stakeholders, applicants to the labor market and educational institutions remain ignorant of the needs of the market and thus end up with a situation in which our workers are unable to maintain machinery and produce spare parts to support the textile industry in Egypt.

Leonardo da Vinci's saying, "Knowledge is not enough – it has to be done"; it is time to bridge the skills gap. Through my professional experience, I have seen how innovative initiatives at the corporate and state level can significantly improve labor market conditions. Countries around the world have already implemented tools to help them address this problem drastically. Our neighbors in the Middle East and North Africa have already begun engaging employers at all stages of training students and teachers to ensure that skills related to labor market requirements are provided.

Therefore, I believe that having a global system for sharing best practices and making studies available to learn from each other's experiences, as well as creating an available labor market that is relevant to the modern requirements and creating an environment of cooperation in this area is important.

I have recently heard about a new concept called "mission: talent"Is an interesting initiative led by Russia's nuclear energy giant Rosatom and other partners to raise awareness of the extent of the skills gap and create a global platform through which we can share and learn from the best available practices on the ground. To have a million Leonardo da Vinci of future generations through cooperation with other governments and international experts as well as companies from all over the world, not to mention colleges and universities at home and abroad.

(tagsToTranslate) Da Vinci (t) Maisa Galal

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